Year: 2019

Walt Disney Co will ban smoking, vaping and large strollers at its U.S. theme parks in California and Florida starting on May 1, the company said on Thursday.

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Facebook Inc toughened its rules on political advertising in Europe on Friday under pressure from EU regulators to do more to guard against foreign meddling in the bloc’s upcoming legislative election. Chastened since Russia used the social media platform to influence polls that swept U.S. President Donald Trump to power, Facebook says it has ploughed resources and staff into safeguarding the ballot across 27 EU nations on May 26.

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A federal judge on Thursday rejected Nestle SA’s bid to dismiss a revised lawsuit claiming that it defrauded consumers by filling bottles of its Poland Spring water with ordinary groundwater.

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Morgan Stanley President Colm Kelleher, who has worked for the firm for roughly 30 years, will retire at the end of June, the bank said on Thursday.

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Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded on her handling of a rapidly-growing money laundering scandal.

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Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin American computer center in Colombia and help train 2,000 students in digital technology.

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Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do amid strong investor demand.

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Fiat Chrysler Automobiles NV said on Thursday it will eliminate one shift at its Windsor, Ontario, assembly plant where it builds minivans, resulting in the loss of 1,500 jobs.

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General Motors Co on Thursday said it has no plan to cut the sticker price on its electric Chevrolet Bolt sedan after a federal tax credit drops by half to $3,750 on Monday.

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Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do amid strong investor demand, according to people familiar with the matter.

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Morgan Stanley said Thursday that its president, Colm Kelleher, will retire at the end of June, according to an internal memo viewed by Reuters.

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Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.

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Wells Fargo & Co said on Thursday Chief Executive Officer Timothy Sloan will retire and named General Counsel Allen Parker as its interim head.

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U.S. stocks climbed on Thursday as Treasury yields rose off 15-year lows, with investors optimistic about the latest round of U.S.-China trade talks.

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Benchmark U.S. and European bond yields moved higher on Thursday after prolonged slides, while gains on Wall Street countered declines in other world stock markets as investors eyed U.S.-China trade talks and economic growth.

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